|
April 2006
Using the MIP to Decide- When to Refinance
The MIP (Moore Inflation Predictor) is our proprietary index that
projects future inflation rates one year into the future.
It uses a "fan" style with varying level of likelihood that certain
rates will be attained.

(Click Chart to Enlarge)
If you are considering refinancing (see When is it Right to
Refinance? ) naturally you want the best
rate. In order to determine the timing just look at the MIP chart.
From it you can determine when the next bottom will be occurring.
Simply look at the lowest "most Likely"
rate. And plan on locking in a rate at that point in time.
(Click
Chart to Enlarge)
Tim McMahon, Editor
Financial Trend Forecaster
P.S.
Even with the recent doom-and-gloom of the housing market, the
right lender can still save you lots of money and refinance your home at a great interest rate.
You might also find the following articles helpful:
How to find a Good Mortgage
Low Mortgage Rates- Reduce your Payment or the length of the
Loan? When is it Right to Refinance?
How to Save Thousands on Your Mortgage by going Bi-Weekly
Is an Interest Only Mortgage for you?
Keep up with the latest Trends and Inflation information
Subscribe to our FREE
Monthly E-zine "E-Trends"
And You will receive a Free copy of
"15 Ways to Beat 95% of Investors"
|